ICAP Patent Brokerage announces a series of intellectual property auctions focused on the financial and banking industries, the first of which is to be held October 23rd, 2014. This will be a live, online auction, the weeks preceding which will feature due diligence sessions where buyers can interact directly with inventors.

Patents for sale in the October 23rd auction include improved automated teller machine (ATM) systems, mobile payment and payment-gateway systems, enhanced methods of security, new trading and regulatory methods, trademarks, and big data analytic tools. Overall 25 portfolios are expected. Additional submissions will be accepted through August 23rd, 2014.

In a first-of-its-kind opportunity, potential buyers will have the option of interacting directly with the inventors of some portfolios. This due diligence series will feature direct Q&A sessions, giving the participants unique, informed insights into the assets.

Due diligence will be further aided by visualizations from our analytics partner, IPStreet. “We believe the team at IP Street has done excellent work in visually enhancing the client experience. We’ve decided to profile this relationship in conjunction with the announcement of our live financial auction,” added Becker.

ICAP Patent Brokerage is the world’s largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.